Current Report Filing (8-k)
November 26 2014 - 9:01AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant
to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 21, 2014
YRC Worldwide Inc.
(Exact name of registrant as specified in its charter)
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Delaware |
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0-12255 |
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48-0948788 |
(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
10990 Roe Avenue
Overland Park, Kansas 66211
(Address of principal executive office)(Zip Code)
(913) 696-6100
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers.
On November 21, 2014, Michelle A. Friel, Executive Vice President and General Counsel of
YRC Worldwide Inc. (the Company), notified the Company of her intention to resign from YRC Worldwide Inc. (the Company). On her separation date, Ms. Friel will resign as Executive Vice President and General Counsel of
the Company (and any director or officer positions in the Company and any subsidiary of the Company, as well as from her role as a fiduciary of any benefit plan of the Company). Ms. Friel will separate from the Company on or before
January 2, 2015 (the Separation Date), subject to certain notification provisions set forth in the separation agreement between Ms. Friel and the Company, entered into on November 21, 2014 (the Separation
Agreement). Subject to, among other things, Ms. Friels execution of a general release and compliance with certain restrictive covenants in her Employment Agreement with the Company, dated as of January 9, 2012 and amended
October 30, 2012, Ms. Friel will be entitled to receive continued monthly payment of her base salary for the eighteen (18) month period beginning on the 60th day following the Separation Date. In connection with Ms. Friels
resignation, the Compensation Committee of the Companys Board of Directors has agreed to cause Ms. Friels 52,757 unvested shares of restricted stock of the Company to fully vest as of the date the general release becomes
irrevocable.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned
thereunto duly authorized.
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YRC WORLDWIDE INC. |
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By: |
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/s/ Stephanie D. Fisher |
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Stephanie D. Fisher |
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Vice President and Controller |
Date: November 26, 2014
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